Circular 6/2025 — Modifications to Circular 3/2012

286 OFFICIAL GAZETTE Friday, July 18, 2025
BANK OF MEXICO
CIRCULAR 6/2025 addressed to credit institutions, regulated multiple-object financial societies that maintain equity links with credit institutions, and the National Financial Development Institution for Agricultural, Rural, Forestry and Fisheries Development, regarding Modifications to Circular 3/2012 (use of labor benefits as collateral for Financial Services contracted by Workers).

A logo appears at the margin, stating: Bank of Mexico.- "2025, Year of the Indigenous Woman".

CIRCULAR 6/2025
TO CREDIT INSTITUTIONS, REGULATED MULTIPLE-OBJECT FINANCIAL SOCIETIES THAT MAINTAIN EQUITY LINKS WITH CREDIT INSTITUTIONS AND THE NATIONAL FINANCIAL DEVELOPMENT INSTITUTION FOR AGRICULTURAL, RURAL, FORESTRY AND FISHERIES DEVELOPMENT:

SUBJECT: MODIFICATIONS TO CIRCULAR 3/2012 (USE OF LABOR BENEFITS AS COLLATERAL FOR FINANCIAL SERVICES CONTRACTED BY WORKERS)

The Bank of Mexico, with the purpose of continuing to promote the sound development of the financial system and the protection of the public's interests, as well as to foster competition among financial entities and contribute to the efficiency of the financial system, considers it necessary to modify its regulation in order to simplify the origination and payment process of Payroll-Linked Credits offered and granted by credit institutions and multiple-object financial societies that maintain equity links with credit institutions.

For the above, based on Articles 28, paragraphs seventh and eighth, of the Political Constitution of the United Mexican States, 24 and 26, of the Bank of Mexico Law, 48, of the Credit Institutions Law, 87-D, paragraph fourth, of the General Law of Credit Auxiliary Organizations and Activities, 22, of the Law for Transparency and Ordering of Financial Services, 1, 4, first paragraph, 8, paragraphs fourth and eighth, 10, first paragraph, 14 Bis, first paragraph, in relation with 17, fraction I, and 25 Bis 3, fraction II, of the Internal Regulations of the Bank of Mexico, which grant it the authority to issue provisions through the General Legal Directorate and the Financial Services Evaluation Directorate, respectively, as well as Second, fractions I and X, of the Agreement on the Assignment of Administrative Units of the Bank of Mexico, it has resolved to modify the definition of "Payroll-Linked Credit" contained in Article 2, the first paragraph and fraction III, second paragraph, of Article 22 Bis, the first paragraph and sub-paragraphs a), b), e) and f) of fraction I, as well as fraction II, of Article 22 Bis 1, Articles 63 Bis, 63 Bis 1, 63 Bis 3, the first paragraph of Article 64, Articles 65, 68 and 69, fractions I and II of Article 81 Bis 2, as well as Annexes 1 and 2, and repeal the third paragraph of fraction III of Article 22 Bis, sub-paragraphs c), d) and g), of fraction I of Article 22 Bis 1 and Article 63 Bis 2, of the "Provisions applicable to the operations of credit institutions, regulated multiple-object financial societies that maintain equity links with credit institutions and the National Financial Development Institution for Agricultural, Rural, Forestry and Fisheries Development", issued through Circular 3/2012, to remain in the following terms:

PROVISIONS APPLICABLE TO THE OPERATIONS OF CREDIT INSTITUTIONS, REGULATED MULTIPLE-OBJECT FINANCIAL SOCIETIES THAT MAINTAIN EQUITY LINKS WITH CREDIT INSTITUTIONS AND THE NATIONAL FINANCIAL DEVELOPMENT INSTITUTION FOR AGRICULTURAL, RURAL, FORESTRY AND FISHERIES DEVELOPMENT

Definitions
Article 2º.- …
"Payroll-Linked Credit:
a simple credit or money loan, without real guarantee, that an Institution or a Linked ER SOFOM grants to an individual who, in turn, is the holder of an Ordering Account in that same Institution or in another Institution, regarding which the parties to the credit or loan have agreed that payments of the corresponding debts shall be made, in terms of the Direct Debit instruction issued for this purpose, through the charge of the respective amounts in the aforementioned Ordering Account, by the Institution that manages the latter, on the dates when such payments are due and in accordance with the order of precedence that corresponds in accordance with these Provisions."

Friday, July 18, 2025 OFFICIAL GAZETTE 287
…
"Identification of Ordering Accounts
Article 22 Bis.- The Institution that manages Accounts in the name of individuals must identify as Ordering Accounts those that meet any of the following characteristics:
I. and II. …
III. …
For the purposes of the provisions of this fraction, the Institution referred to in the first paragraph of this Article must allow account holders to indicate that labor benefits will be credited to them. In this case, in order for the Institution in question to identify the corresponding Employer, it must require the account holder, at the time of indicating the aforementioned, to present, at the account holder's choice, any of the following documents: a) payroll receipts from the last six consecutive months prior to the month in which the account holder indicates that labor benefits will be credited to said Account; b) copy of their employment contract, c) a letter issued in the name of the Employer indicating that the account holder is a worker of this Employer, or d) any other document that the Institution considers pertinent to identify the corresponding Employer, provided that the account holder has it, otherwise the Institution must accept one of the previous options. It is repealed."

"Characteristics of Ordering Accounts
Article 22 Bis 1.- …
I. By virtue of said Deposit, the depositary Institution must offer the account holder the right to designate, individually, as Payroll-Linked Credits, those credits or loans that they contract with that Institution or any other or with a Linked ER SOFOM, in order for the resources deposited in the Ordering Account to be used to cover the respective payment obligations, through charges made directly by the Institution. For these purposes, the Institution must observe the following:
a) The account holder's right to designate the aforementioned Payroll-Linked Credits, as well as the obligations, rights and conditions derived from such designation in accordance with the provisions of these Provisions, must be expressly stipulated in the corresponding contract for the Ordering Account at the time of its celebration or through subsequent modifications carried out for these purposes, between the account holder in question and the Institution that manages the Ordering Account, or between the latter and the Institution or Linked ER SOFOM that has granted a Payroll-Linked Credit, in compliance with the mandate granted by the respective account holder, in accordance with Article 63 Bis of these Provisions. Regarding Payroll-Linked Credits, regardless of whether they are granted to the account holder by the same Institution that manages the Ordering Account or by a different Institution or Linked ER SOFOM, the designation referred to in this fraction may only be carried out, as applicable, through the Direct Debit presented by the account holder themselves, in terms of Article 64 of these Provisions, or through the Institution or Linked ER SOFOM that has granted the Payroll-Linked Credit in question, in terms of the mandate that the account holder has granted to the aforementioned Institution or Linked ER SOFOM, in accordance with Article 63 Bis of these Provisions. b) The Institution is obligated to make charges in the Ordering Account only when it receives the Direct Debit request, in terms of the previous sub-paragraph a). For the purposes of the provisions of this sub-paragraph, in case another Institution or a Linked ER SOFOM, in accordance with what is stated in Article 63 Bis of these Provisions, declares to the Institution managing the Ordering Account that it has offered the account holder a credit or loan susceptible to being designated as a Payroll-Linked Credit, in compliance with the account holder's mandate referred to in fraction II of this Article, the latter must communicate to the offering Institution or Linked ER SOFOM, through the mechanism provided for in Article 63 Bis 3 of these Provisions, no later than the next Banking Business Day, the information indicated below:
i) Confirmation that the Account has the status of Ordering Account.

288 OFFICIAL GAZETTE Friday, July 18, 2025 ii) The aggregated amount of the charges that the aforementioned Institution managing the Ordering Account makes or is obligated to make in said Account to cover payments of debts corresponding to all Payroll-Linked Credits that have been designated with such status, and of credits and loans, other than Payroll-Linked Credits, that have been contracted by the account holder with the same Institution managing the Ordering Account; as well as the outstanding balance of the aforementioned Payroll-Linked Credits and of credits other than these, on the date when said Institution presents this information. Additionally, the Institution managing the Ordering Account must indicate the deadline to, if applicable, liquidate the outstanding balance of the mentioned Payroll-Linked Credits and credits other than these. iii) The amount and date of each of the credits made to the aforementioned Ordering Account during the six consecutive months prior to the month in which the aforementioned Institution or Linked ER SOFOM requests this information, or in case the period between the opening of the Ordering Account and the presentation of the aforementioned request is shorter, the number of months corresponding to said period will be taken into account, which cannot be less than three months. c) It is repealed. d) It is repealed. e) … i) First, the Institution will charge the amounts corresponding to charge instructions for the payment of obligations corresponding to credits and loans, other than Payroll-Linked Credits, that have been contracted by the account holder with the same Institution managing the Ordering Account prior to the aforementioned Payroll-Linked Credits. ii) Second, the Institution will charge the amounts corresponding to Payroll-Linked Credits, in the order that corresponds in accordance with the dates and times of designation of each of them with such status. For the purposes of determining the precedence among Payroll-Linked Credits, the Institution must observe the aforementioned date and time of designation of each of them. In the event that when making charges in the Ordering Account, in accordance with the provisions of the previous paragraph, the Institution identifies that the aforementioned Ordering Account does not maintain sufficient resources to cover the total amount corresponding to a specific Payroll-Linked Credit, said Institution may charge the aforementioned Ordering Account for the amount of available resources and, subsequently, on the first opportunity that the Ordering Account in question receives any credit for any concept, it may charge said Ordering Account again as many times as necessary to complete the amount that remains pending to cover the total payment in relation to said Payroll-Linked Credit. Notwithstanding the foregoing, in the case where the subsequent credit to the Ordering Account coincides with the date on which the Institution must charge said Ordering Account
the amount corresponding to a Payroll-Linked Credit that has a higher precedence order than the Payroll-Linked Credit and whose amount could not be charged in its entirety due to lack of available resources, the Institution must charge, first, the amount corresponding to the Payroll-Linked Credit that has a higher precedence order and, second, it will make the charge in the Ordering Account related to the Payroll-Linked Credit whose amount is pending payment. iii) Third, the Institution will charge the amounts corresponding to the Direct Debit notified by the account holder directly, or through the Provider in question, for payments of goods and services, including obligations corresponding to other credits and loans other than Payroll-Linked Credits. The Institution must make charges in the respective Ordering Account, in accordance with the provisions of this Article, without prejudice to any other charges it is obligated to make, in accordance with the precedence that, if applicable, corresponds in terms of the applicable legal provisions.

Friday, July 18, 2025 OFFICIAL GAZETTE 289 f) In case the Institution opens an Ordering Account and has been made aware, through the mechanism referred to in Article 63 Bis 3 of these Provisions, of the existence of any active Payroll-Linked Credit granted by another Institution or a Linked ER SOFOM prior to the opening of said Account, the Institution that opens the new Ordering Account must make charges in the aforementioned Ordering Account to cover payments corresponding to said Payroll-Linked Credit in the order of precedence that corresponds. g) It is repealed.
II. Additionally, the Institution that opens an Ordering Account, or receives a request to designate as such an Account that was opened previously, must obtain from the respective account holder a mandate that includes their express authorization, in order for said Institution to provide the information referred to in these Provisions and consult, through the mechanism referred to in Article 63 Bis 3 of these Provisions, whether said account holder has previously contracted a Payroll-Linked Credit with any other Institution or Linked ER SOFOM.
In the event that another Institution or Linked ER SOFOM has indicated, through the mechanism referred to in Article 63 Bis 3 of these Provisions, that it has granted Payroll-Linked Credits and these have been designated with such status with respect to another Ordering Account opened previously, the Institution intending to open the new Ordering Account or designate as such an Account opened previously, in compliance with the mandate and authorization referred to in the previous paragraph, must provide the following information to the aforementioned Institution or Linked ER SOFOM:
i) Corporate name of the Institution in which the Ordering Account is intended to be opened or designated; ii) … iii) Full name, paternal and maternal surnames, as well as the Federal Taxpayer Registry key (with homoclave), and the Unique Population Registry Key (CURP), in case the Institution has these latter keys.
The Institution indicated in the first paragraph of this fraction must make known through the mechanism referred to in Article 63 Bis 3 of these Provisions the information referred to in this fraction at the time of opening or designation of the respective Ordering Account.
The Institution that opens an Ordering Account, or receives a request to designate as such an Account that was opened previously, may only use the information regarding whether said account holder has previously contracted a Payroll-Linked Credit with any other Institution or Linked ER SOFOM, to identify said Institution or Linked ER SOFOM, so it must refrain from using that information for any other purpose.
The Institution may obtain consent from the account holder regarding the mandate and authorization provided for in this fraction, in writing, through electronic means, or through the use of fingerprint."

"Characteristics of the Payroll-Linked Credit
Article 63 Bis.- In order for the holder of an Ordering Account to designate a credit or loan as a Payroll-Linked Credit, the Institution or the Linked ER SOFOM that grants it must subject it to the characteristics established in this Article, among other applicable circumstances it deems appropriate with its client.
In case the credit or loan that said Institution or Linked ER SOFOM offers with the intention that it be designated as a Payroll-Linked Credit in an Ordering Account opened in another Institution, prior to celebrating said credit or loan, that Institution or Linked ER SOFOM must request from that other Institution managing the Ordering Account, through the mechanism referred to in Article 63 Bis 3 of these Provisions, the information referred to in Article 22 Bis 1, fraction I, sub-paragraph b), second paragraph. In this case, the Institution or Linked ER SOFOM may only use said information to estimate the payment viability of the credit or loan in question, so it must refrain from using that information for any other purpose. The Institution or Linked ER SOFOM that offers a credit or loan with the intention that it be designated as a Payroll-Linked Credit must, in terms of the applicable provisions, evaluate the viability and payment capacity of the respective client, using for this purpose an analysis based on quantitative and qualitative information that allows establishing their creditworthiness and payment capacity within the planned term of the referred credit or loan, considering for this purpose that the amount of periodic amortizations that the debtor must make to pay the debts corresponding to all Payroll-Linked Credits they have contracted cannot exceed the limit percentage determined by the risk committee of the Institution or Linked ER SOFOM, with

290 OFFICIAL GAZETTE Friday, July 18, 2025 base on the average monthly amount of resource deposits received in the Ordering Account. For the calculation of said average monthly amount, the Institution or Linked SOFOM E.R. must consider the deposits in the Ordering Account corresponding to the six consecutive months prior to the month in which the account holder requests to designate the Payroll-Linked Credit in question, or the number of months in which those deposits were made in case this period is less than six months. For these purposes, the Institutions or Linked SOFOM E.R.s must send to the Central Banking Authorizations and Consultations Management of the Bank of Mexico a communication signed by the person presiding over their risk committee, through which they inform the Bank of Mexico about the limit they have determined, within ten Banking Business Days following the one in which said limit or its modifications were approved by the aforementioned risk committee. The Bank of Mexico, in exercise of its supervisory powers, will verify that the Institutions or Linked SOFOM E.R.s comply with the limit determined by their risk committee in terms of this article. For the purposes of the foregoing, the Institution or Linked SOFOM E.R. that has offered the credit or loan in question, prior to requesting the aforementioned information, must verify the identity of the respective client, for which it must obtain from the applicant, at the latter's choice, the cover of the account opening contract, any account statement issued within the quarter immediately preceding the date of submission of the request, or the valid debit card containing the printed name of the account holder. For the purposes of the foregoing, the respective accredited or borrower must grant, prior to the celebration of the referred Payroll-Linked Credit, a mandate that includes their authorization to the creditor Institution or Linked SOFOM E.R. so that this, through the communication mechanism referred to in Article 63 Bis 3 of these Provisions, carries out the following:
a) Request the information referred to in Article 22 Bis 1, fraction I, subsection b), second paragraph. b) Require the Institution that holds the Account to, if applicable, modify the corresponding deposit contract so that said Account can be considered as an Ordering Account for the purpose of making the corresponding charges to cover payment obligations related to the designation as a Payroll-Linked Credit of the credit or loan subject of this article. c) Manage, on behalf and for the account of said accredited or borrower, with the Institution that holds the Ordering Account subsequent to the contracting of the Payroll-Linked Credit, a Direct Debit to make the payments of the debts corresponding to said Payroll-Linked Credit. d) Inform other Institutions or Linked SOFOM E.R.s of the designation as a Payroll-Linked Credit of the credit or loan subject of this article. The Institution or Linked SOFOM E.R. may obtain the client's consent regarding the mandate and authorization provided for in this article, in writing, through electronic means, or by using the fingerprint. In the event that any Institution or Linked SOFOM E.R. grants a Payroll-Linked Credit for the purpose of liquidating any other credit or loan granted previously with the same Institution, or with another Institution or a Linked SOFOM E.R., the Institution or Linked SOFOM E.R. granting the Payroll-Linked Credit must transfer through SPEI the corresponding resources to that Institution or Linked SOFOM E.R., taking as reference the Basic Standardized Key with which the credit or loan to be liquidated has been identified, in accordance with the Rules of the Interbank Electronic Payment System, issued through Circular 14/2017 of the Bank of Mexico. In this case, the Payroll-Linked Credit will have the same priority as that other credit or loan that has been liquidated with the respective resources, provided that: a) the amount of the periodic payments of the Payroll-Linked Credit is not higher than that of that other credit to be liquidated; b) the terms and conditions of the Payroll-Linked Credit are better than those of the credit or loan to be liquidated, and c) what is established in Article 2059 of the Federal Civil Code is complied with. The Institution or Linked SOFOM E.R. that grants the Payroll-Linked Credit referred to in the previous paragraph may request the Institution that holds the Ordering Account to charge the amounts corresponding to the Payroll-Linked Credits that could not be charged to said Account, in the event that the Direct Debit referred to in subsection c) of this article could not be managed in a timely manner due to a cause attributable to the accredited or borrower. In this case, what is established in Article 22 Bis 1, fraction I, subsection e), numeral i) must be observed.

Friday, July 18, 2025 OFFICIAL GAZETTE 291
The Institution or Linked SOFOM E.R. that offers any person any of the credits or loans referred to in the first paragraph of this article is obliged to present to them the conditions of the credit or loan corresponding to a Payroll-Linked Credit compared with the conditions of a similar credit or loan that is not designated as a Payroll-Linked Credit.
The Institution or Linked SOFOM E.R. must observe what is provided in this article without prejudice to the obligation to report to a credit information society, in accordance with the applicable provisions, that the referred credit or loan has the character of a Payroll-Linked Credit.
The Institution or Linked SOFOM E.R. must assign a Basic Standardized Key to each Payroll-Linked Credit that it grants.”

“Management of the Payroll-Linked Credit before the Depositary Institution of the Ordering Account
Article 63 Bis 1.- In the cases referred to in Article 63 Bis of these Provisions, the Institution or Linked SOFOM E.R. that offers the credit or loan susceptible to being designated as a Payroll-Linked Credit must manage, before that other Institution that holds the Ordering Account, the Direct Debit indicated in the previous article by presenting the request referred to in Article 64 of these Provisions. In this regard, the Institution or Linked SOFOM E.R. that manages the Direct Debit will assume the character of Provider and Provider's Bank for the purposes of what is provided in Title Two, Chapter III, Section I, of these Provisions and must indicate, in the referred request, the amounts of the charges subject to the Direct Debit and the days of the month and the term in which they must be made.
In case of advance payments, or for any other cause, the amount or number of payments that the debtor of the Payroll-Linked Credit must make is reduced, the creditor Institution or Linked SOFOM E.R. must adjust the amount of the pending periodic payments related to the respective Payroll-Linked Credit, in accordance with what is provided in the general provisions referred to in Article 4 of the Law for Transparency and Ordering of Financial Services in matters of advance payments, issued by the Bank of Mexico through Circular 16/2007.”

“Additional circumstances for the maturity and modification of the Payroll-Linked Credit
Article 63 Bis 2.- Repealed.”

“Communication mechanisms between Institutions
Article 63 Bis 3.- The Institutions or Linked SOFOM E.R.s may make the inquiries and must provide the information referred to in Articles 22 Bis 1, 63 Bis and 65 of these Provisions, only through the transparent mechanisms they establish among themselves in such a way that they do not restrict or prevent the participation of the Institutions or Linked SOFOM E.R.s on equal terms, whose terms and conditions must be made known to the Central Banking Authorizations and Consultations Management of the Bank of Mexico, prior to their implementation.”

CHAPTER III
SERVICES

“Section I Charges to Accounts through Direct Debit”

“Contracting requests
Article 64.- The Institution that has opened any Account in it may only make charges in this, for the payment of goods and services, as well as obligations corresponding to Payroll-Linked Credits, contracted with the same Institution or with any other Institution or Linked SOFOM E.R., or well, existing credits and loans contracted with any other Provider, through the Direct Debit executed in accordance with what is provided in this Chapter. The Institution that administers any Account must attend to the Direct Debit requests in terms of Articles 70 to 74 below and by using the format established in Annex 1 of these Provisions, presented by the holder of said Account, directly or through the Provider's Bank.
…”

“Cancellation requests
Article 65.- The Customer's Bank must attend to the Direct Debit cancellation requests presented to it by using the format established in Annex 2 of these Provisions. This, regardless of whether the holder of the Account had authorized the Direct Debit through the Provider or that the means used to authorize it was different from that used to formulate the cancellation request. Likewise, in case the Customer's Bank receives from the account holder in question a request to cancel the Direct Debit for the payment of a Payroll-Linked Credit granted by another Institution or Linked SOFOM E.R., it must inform, through the mechanism provided in Article 63 Bis 3 of these Provisions, to the Institution or Linked SOFOM E.R. in question, no later than the next Banking Business Day after receiving the cancellation request.”

292 OFFICIAL GAZETTE Friday, July 18, 2025
“Procedence of the charge objection
Article 68.- When the holder of the Account objects to any charge derived from the Direct Debit service during the first sixty Days of the term indicated in the previous article, the Customer's Bank must credit the claimed amount no later than the next Banking Business Day after receiving the objection notification. If the objection notification is presented between Day sixty-one and Day ninety of the aforementioned term, the Customer's Bank must resolve on the procedence of said objection in a maximum term of twenty Days and, in case it is found to be procedent, must credit the claimed amount no later than the next Banking Business Day after the date of resolution. What is provided in this paragraph will not be applicable to Direct Debits related to the payment of obligations corresponding to Payroll-Linked Credits contracted with the same Institution or with any other Institution or Linked SOFOM E.R.
For the case of objection notifications related to Direct Debits related to the payment of obligations corresponding to Payroll-Linked Credits, the Customer's Bank must resolve on the procedence of said objection in a maximum term of five Banking Business Days and, in case it is found to be procedent, must credit the claimed amount no later than the next Banking Business Day after the date of resolution.
Regarding objections notified by the holder of the Account, related to the Direct Debit requested by an Institution or Linked SOFOM E.R., different from the Customer's Bank, for the payment of obligations corresponding to Payroll-Linked Credits, the Customer's Bank itself must send to the Institution or Linked SOFOM E.R. a copy of the objection notification, no later than the second Banking Business Day following the one in which it received it, so that the Institution or Linked SOFOM E.R. pronounces itself regarding the procedence of the holder's objection. In this case, the Institution or Linked SOFOM E.R. that has requested the Direct Debit related to the objection must communicate to the Customer's Bank its resolution on the procedence of said objection, as well as the respective evidence, no later than three Banking Business Days after the one in which it received from the Customer's Bank the copy of the objection notification.”

“Impropriety of the charge objection
Article 69.- In case the charge objection for Direct Debit is not found to be procedent in accordance with what is indicated in Article 68 of these Provisions, the Customer's Bank must make available to the holder of the Account, personally in the branch where the Account is located, or through the means agreed upon with the referred holder, at the latter's choice, within a term of ten Banking Business Days counted from when the procedence of the objection referred to in the cited article is resolved, the printed original of the resolution signed by authorized personnel in which the arguments supporting the impropriety are expressed, in simple and clear language, and which contains the following information:
I. to III. …
The Customer's Bank must, at the request of the holder of the Account, make available and deliver, free of charge, during the term of forty-five Days following the delivery of the resolution referred to in this article, in the branch where the Account is located, or in the specialized unit that the Customer's Bank has established for the attention of users, products and financial services in accordance with the Law for Protection and Defense of the User of Financial Services, a copy of the file generated as a result of the objection notification, which includes the documentation and information directly related to it. Additionally, it must send a copy of said resolution to the holder of the Account through email when the latter has presented the objection through the electronic page that the Customer's Bank has on its Internet page or when so requested when presenting the objection.”

“Guidelines for the offering and provision of the Payroll Service
Article 81 Bis 2.- …
I. Refrain from offering or giving to the Employers that contract the referred service benefits as a result of said contracting, except for the granting of preferential terms and conditions, in market conditions, applicable to the financial products that said Employers obtain from the Institution. In no case, the referred preferential terms and conditions may be annulled in case the respective Employer cancels the Payroll Service with the Institution. Likewise, the Institution must refrain from offering or granting benefits of any type to the personnel or representatives of the Employer with whom it has carried out the management for the contracting of the Payroll Service.
II. Integrate into the respective file for the provision of the mentioned service, the documentation that accredits that the general director or, in his defect, the administrator of the Employer approved the terms of the contracting of the Payroll Service with the Institution.
III. and IV. …”

“ANNEX 1

Friday, July 18, 2025 OFFICIAL GAZETTE 293
Format to request the Direct Debit
[City*], [Federal Entity*], on [Day*] of [Month*] of [Year*] I instruct and authorize that, based on the information indicated in this communication, periodic charges be made in my account as follows:

1. Name of the provider of the good, service or credit or loan, as applicable, that intends to be paid through the present direct debit: _____________.
2. Good, service or credit or loan, to pay________________. In its case, the identification number generated by the provider (optional data): __________.
3. Regarding the payments of the credit or loan subject of this Direct Debit, indicate below if this is designated as a Payroll-Linked Credit regarding which, in accordance with the provisions issued by the Bank of Mexico in Circular 3/2012 or those others issued subsequently, the bank that holds the account here referred to must make the respective charges in the place of the order of priority that must be followed with respect to the other charges requested to that same account:
   YES…………....... NO..................
4. Payment periodicity (Billing) (Example: weekly, bi-weekly, monthly, bimonthly, semi-annual, annual, etc.): _______ or, in its case, the specific day on which the payment is requested to be made: _____.
5. Name of the bank that holds the checking or savings account in which the charge will be made:
   _____.
6. Any of the following account identification data:
   Debit card number (16 digits): ____________;
   Standardized Banking Key (“CLABE”) of the Account (18 digits): ______________, or Mobile phone number associated with the Account: ________________.
7. Maximum fixed amount of the charge authorized per billing period:
   $___________________.
   Instead of the maximum fixed amount, if the credit indicated in this communication is a revolving credit associated with a credit card that is not designated in this same request as a Payroll-Linked Credit, the account holder may opt to authorize one of the following charge options (mark with an X the option that, in its case, corresponds):
   The amount of the minimum payment of the period:
   The total balance to not generate interest in the period: , or A fixed amount: (in this last case, specify the amount: $________).
8. This instruction and authorization of charge to my account will remain valid for an indefinite term.
   Instead of the above, this instruction and authorization of charge to my account expires on the following date:
   ________________.
   I am aware that at any time I may request the cancellation of the present direct debit at no cost to me.
   _____________________________________________________ (NAME OR BUSINESS NAME OF THE ACCOUNT HOLDER)”

“ANNEX 2

294 OFFICIAL GAZETTE Friday, July 18, 2025
Format to cancel the Direct Debit
[City*],[Federal Entity*], on [Day*] of [Month*] of [Year*] [NAME OF THE CREDIT INSTITUTION], S.A.
I request that this bank cancel the following direct debit payment:

1. Name of the provider of the good, service or credit: __________________________________.
2. Good, service or credit corresponding to the direct debit that is requested to be canceled: _______.
   In its case, the identification number generated by the Provider (optional data): ____.
3. Any of the Account identification Data where the charge is made, as follows:
   Debit card number (16 digits): _____________________________; Standardized Banking Key (“CLABE”) of the account (18 digits): _______, or Mobile phone number associated with the account: _______________________.
4. The direct debit that I request to cancel is made to cover payments of some credit or loan that I owe □ yes □ no
   In case the direct debit that I request to cancel is made to make payments of some credit that I owe, I acknowledge that this cancellation would cause the payments to that credit to stop being made with the resources deposited in my account that I indicate in this request. In this regard, unless I cover in some other way the payments I must make for that credit, this cancellation would cause the non-compliance of the obligations I have for said credit, which would make that situation be reported to a credit information society (known as credit bureau). In addition to the above, in case the direct debit that I request to cancel has been made to cover the payments of a Payroll-Linked Credit, as that term is defined in the general provisions issued by the Bank of Mexico in Circular 3/2012, which I designated for the resources of said payments to be charged to a deposit account in which I receive my salary and other labor benefits, I acknowledge that the mere cancellation of said direct debit made prior to the maturity of the Payroll-Linked Credit, regardless of whether I make the payments of the pending debts in time and form, will be reported by the credit institution or Linked SOFOM E.R. to a credit information society for informational purposes. I am aware that the cancellation is at no cost to me and that it will take effect in a term no greater than three banking business days counted from the date of presentation of this request. Sincerely, ________________________________________________________________ (NAME, BUSINESS NAME OR DENOMINATION OF THE ACCOUNT HOLDER)”

TRANSITORY PROVISIONS
FIRST.- This Circular will enter into force on August 29, 2025, without prejudice to what is indicated in the following transitory provisions. From the aforementioned date, any authorization previously granted by this Bank of Mexico regarding compliance with the “Provisions applicable to the operations of credit institutions and of the National Development Bank for Agricultural, Rural, Forestry and Fisheries Development”, issued by the Bank of Mexico through Circular 3/2012, published in the Official Gazette of the Federation on March 2, 2012, added and modified through Circulares 15/2018 and 7/2019, published in the same Official Gazette on October 29, 2018 and April 30, 2019, respectively, will be without effect. SECOND.- In addition to complying with the obligations established in this Circular, the Institutions must present to the Central Banking Authorizations and Consultations Management of the Bank of Mexico, no later…

Friday, July 18, 2025 OFFICIAL GAZETTE 295 take until June 29, 2027, an opinion signed by their respective internal auditors stating that the Institution in question complies with the corresponding obligations to:
I. Identify and document the Ordering Accounts indicated in fractions I, II, and III of Article 22 Bis included in Circular 3/2012, subject to the provisions of Article 22 Bis 1 of said Circular, modified in accordance with Circulares 15/2018, 7/2019, and this Circular, so that their Clients are able to designate the credits or loans referred to as Payroll-Linked Credits;
II. Identify and document the Ordering Accounts indicated in fractions I, II, and III of Article 22 Bis included in Circular 3/2012, subject to the provisions of Article 22 Bis 1 of said Circular, modified in accordance with Circulares 15/2018, 7/2019, and this Circular, so that their Clients are able to designate the credits or loans referred to as Payroll-Linked Credits;
III. Establish the necessary systems and processes to receive and process the corresponding Direct Debit requests, as well as to assign the priority of the aforementioned Payroll-Linked Credits;
IV. Establish the mechanisms to execute, if applicable, the mandates that the holder of the Ordering Account grants in accordance with Articles 22 Bis 1 and 63 Bis of the cited Provisions, and
V. The determination, by the risk committee of the Institution in question, of the limit percentage of the average monthly amount of resource credits received in the Ordering Account, for the payment of the corresponding debts for the Payroll-Linked Credits granted by said Institution, in terms of Article 63 Bis of the Provisions.
The aforementioned opinions must be approved by the audit committee of the Institution in question and also signed by the General Director of the Institution.
As an exception to what is provided in the previous First Transitory Provision, Institutions, from the date indicated in the first paragraph of this article, must comply with the obligations referred to in the aforementioned opinion, corresponding to the provisions of Circular 3/2012, modified in accordance with Circulares 15/2018, 7/2019, and this Circular. In the event that the Institution in question does not present the corresponding opinion in accordance with the provisions of the previous fractions, within the indicated deadline, it must refrain from granting credits or loans charged to Ordering Accounts or carrying out the designation of Payroll-Linked Credits for those it has granted or any regulated multiple-object financial society that maintains patrimonial links with said Institution in terms of the General Law of Organizations and Auxiliary Credit Activities, without prejudice to the imposition of applicable sanctions. THIRD.- Institutions that have entered into credit or loan contracts, prior to June 29, 2027, in which it has been expressly established that the payments of the obligations corresponding to said credits or loans are to be made through payment mechanisms other than those provided for in Article 64 of these Provisions, may continue to use such mechanisms for the payment of the obligations established in said contracts during their validity. FOURTH.- Legal entities that, upon the entry into force of this Circular, have obtained authorization from the National Banking and Securities Commission to organize and operate as a multibank institution, but which still have pending the respective authorization for the start of their operations in accordance with Article 46 Bis of the Credit Institutions Law, must present to the Bank of Mexico, no later than June 29, 2027, an opinion that complies with what is established in the SECOND Transitory Provision of this Circular. Mexico City, July 10, 2025.- BANK OF MEXICO: Legal General Director, Erik Mauricio Sánchez Medina.- Rubric.- Director of Financial Services Evaluation, Pedro Adalberto González Hernández.- Rubric. For any inquiries regarding the content of this Circular, the Bank of Mexico is at your disposal through the Central Bank Authorizations and Sanctions Directorate at phone (55) 5237-2000 extension 3200.